Executive Order (E.O.) 13327, Federal Real Property Asset Management, was issued on February 4, 2004 to promote the efficient and economical use of the Federal Government’s real property assets.1 E.O. 13327 established the interagency Federal Real Property Council (FRPC) and the role of the Senior Real Property Officer (SRPO) within each agency subject to the Chief Financial Officers Act of 1990. It also mandated creation of a centralized real property database, known as the Federal Real Property Profile Management System (FRPP MS).
To further improve the management of federal real property, the Federal Property Management Reform Act of 2016 (FPMRA) (Pub. L. 114-318) and the Federal Assets Sale and Transfer Act of 2016 (FASTA) (Pub. L. 114-287) were enacted on December 16, 2016.2 These laws require all executive branch federal agencies, with certain exceptions, to submit current data and recommendations on federal civilian real properties owned, leased, or controlled by a federal agency, and to assess and determine how to dispose of excess and underutilized property.

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| Website: | Visit Publisher Website |
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| Publisher: | General Services Administration (GSA) |
| Published: | September 24, 2019 |
| License: | Public Domain |
| Website: | federal real property council (frpc)public asset |